REE Automotive (NASDAQ:REE) reported quarterly losses of $(1.12) per share which missed the analyst consensus estimate of $(1.01) by 10.89 percent. The company reported quarterly sales of $11.000 thousand which missed the analyst consensus estimate of $50.000 thousand by 78.00 percent. This is a 94.76 percent decrease over sales of $210.000 thousand the same period last year.